Cardano (ADA) has faced challenges in breaking past the $1 mark, with market conditions limiting its upward momentum.
Meanwhile, a new DeFi project, Mutuum Finance (MUTM), is gaining traction as investors look for stronger growth opportunities.
Currently in its presale phase at $0.015, MUTM has already attracted thousands of investors, raising $1.4 million in a short time.
With its lending and borrowing protocol, buy-and-distribute mechanism, and upcoming exchange listings, experts predict that the token could surge past $2 after launch.
As Cardano struggles to regain its previous highs, Mutuum Finance is emerging as a project with far greater potential.
Why is Cardano (ADA) struggling?
Cardano’s (ADA) price has been facing downward pressure, struggling to maintain key support levels.
A combination of reduced network activity, declining total value locked (TVL), and weakening on-chain metrics has contributed to its underperformance.
Over the past three months, ADA has lost approximately 32% of its value against Bitcoin, eroding investor confidence.
Diminishing demand within the Cardano ecosystem has led to decreased trading volume and fewer active addresses, signaling a decline in network engagement.
Additionally, technical indicators suggest further downside risks. ADA recently confirmed a bear flag pattern, breaking below the lower boundary of $0.77.
This move indicates potential declines toward key support levels at $0.65 and $0.51, with the possibility of further drops if bearish momentum continues.
Unless ADA reclaims its resistance levels and on-chain activity improves, recovery may remain uncertain in the short term.
A new crypto with the potential to reach $2
Mutuum Finance (MUTM) is emerging as a high-potential DeFi project, with many analysts suggesting it could outperform established cryptocurrencies like Cardano (ADA) in the coming months.
Unlike speculative assets, MUTM is backed by real financial utilities that provide users with passive income opportunities and decentralized lending solutions.
Currently priced at $0.015 in its presale, the token is gaining traction as early investors secure their positions before its projected surge to $2.
One of the key features setting Mutuum Finance apart is its lending and borrowing protocol, which allows users to earn interest on supplied assets while enabling borrowers to access liquidity without selling their holdings.
To ensure financial stability, the platform uses an overcollateralized model, where borrowers must lock up assets of higher value than the loan amount.
Additionally, the team is developing an overcollateralized stablecoin, which will be fully backed by assets within the protocol.
This stablecoin will provide users with a decentralized borrowing option, ensuring transparency and security without relying on third-party reserves.
Mutuum Finance is also implementing a buy-and-distribute mechanism designed to support long-term price growth.
A portion of platform revenue will be used to repurchase MUTM tokens from the market, which are then distributed to mtToken stakers.
This process creates continuous buy pressure, driving demand for the token while rewarding long-term holders.
As more users engage with the platform, this mechanism is expected to support price growth and enhance the token’s long-term stability.
The presale performance of MUTM is already showing strong investor confidence.
In just two weeks, Mutuum Finance has raised over $1.4 million and attracted more than 2,700 holders.
The first presale phase sold out quickly, and now the project is in its second phase at $0.015, with over 20% of this stage completed in just 48 hours.
With a structured presale model and increasing investor interest, Mutuum Finance is positioning itself as one of the most promising DeFi projects of 2025.
With its lending protocol, overcollateralized stablecoin, and buy-and-distribute mechanism, Mutuum Finance has strong fundamentals supporting long-term growth.
Given the rapid presale success and increasing investor interest, reaching $2 in the coming months is a realistic expectation for MUTM.
For more information about Mutuum Finance (MUTM) visit the links below:
Website: https://www.mutuum.finance/
Linktree: https://linktr.ee/mutuumfinance
The post While Cardano (ADA) struggles to reach $1, Mutuum Finance (MUTM) is set to hit $2 appeared first on Invezz
https://invezz.com/news/2025/02/26/while-cardano-ada-struggles-to-reach-1-mutuum-finance-mutm-is-set-to-hit-2/
